💨 Abstract

Vietnam is reducing tariffs on U.S. products such as LNG, cars, and ethanol to avoid potential U.S. tariffs due to its large trade surplus with the U.S. The tariff on LNG will be reduced to 2% from 5%, on cars to 32% from 45% to 64%, and on ethanol to 5% from 10%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖